Kroger Co. [KR] stock is trading at $55.36, up 0.29%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The KR shares have lost -0.02% over the last week, with a monthly amount drifted -0.27%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Kroger Co. [NYSE: KR] stock has seen the most recent analyst activity on April 08, 2024, when Exane BNP Paribas downgraded its rating to a Underperform but kept the price target unchanged to $48 for it. Previously, Telsey Advisory Group reaffirmed its Outperform rating on March 28, 2024, and elevated its price target to $62. On March 08, 2024, Telsey Advisory Group reiterated its Outperform rating and revised its price target to $60 on the stock. Wells Fargo upgraded its rating to a Equal Weight and increased its price target to $50 on February 27, 2024. HSBC Securities initiated its recommendation with a Hold and recommended $52 as its price target on September 22, 2023. Northcoast upgraded its rating to Buy for this stock on March 20, 2023, but kept the price target unchanged to $60. In a note dated March 03, 2023, JP Morgan upgraded an Overweight rating on this stock but restated the target price of $54.
Kroger Co. [KR] stock has fluctuated between $42.10 and $58.34 over the past year. Currently, Wall Street analysts expect the stock to reach $53.11 within the next 12 months. Kroger Co. [NYSE: KR] shares were valued at $55.36 at the most recent close of the market. An investor can expect a potential drop of -4.06% based on the average KR price forecast.
Analyzing the KR fundamentals
Kroger Co. [NYSE:KR] reported sales of 150.04B for the trailing twelve months, which represents a growth of 6.44%. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.2 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.95.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 55.10 points at the first support level, and at 54.84 for the second support level. However, for the 1st resistance point, the stock is sitting at 55.80, and for the 2nd resistance point, it is at 56.23.
Ratios To Look Out For
For context, Kroger Co.’s Current Ratio is 0.81. In addition, the Quick Ratio stands at 0.36 and the Cash Ratio stands at 0.12. Considering the valuation of this stock, the price to sales ratio is 0.27, the price to book ratio is 3.43 and price to earnings (TTM) ratio is 18.70.
Transactions by insiders
Recent insider trading involved FIKE CARIN L, Vice President and Treasurer, that happened on Sep 22 ’23 when 4798.0 shares were sold. Vice President and Treasurer, FIKE CARIN L completed a deal on Sep 15 ’23 to sell 6000.0 shares. Meanwhile, Senior Vice President Massa Timothy A sold 23000.0 shares on Sep 12 ’23.
